Lake Resort For Sale
Location Ontario,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $100000
Net Profit / Cash Flow $75000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1949
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description Sturgeon Lake Resort on 2.44 acres 41' private waterfront and sandy beach.
Located in Cameron, Kawartha Lakes. 5 bedrooms 2,394 residence with office, 7 housekeeping cottages, 25 seasonal fully serviced trailer sites all occupied (licensed for 34), 4 aluminum 14' fishing boats. 3 cottages are winterized, heated with propane and rented year around to college students. Other cottages have electric heating. 3 bedrooms on upper level of the house with separate entrance are rented year around. 2 bedrooms on main level used by owners. All tenants pay their own utilities. House has electric and propane heating. Drilled well for the house and and purified (chlorination) lake water for the park. Sewer system with concrete septic tanks and 2 larger holding tanks (no leaching bed). Great fishing: pickerel, muskie, bass, perch, pan fish. Marina with launch ramp next door. Lake is part of Trent Severn waterway. Very profitable family business. Gross income in $100k range.
Property taxes $3,480. Asking price $624,900 reduced. Thank you ... Enjoy your day!
Andrew Sobczak
Broker of Record
On Georgian Bay Real Estate Inc.
Real Estate Brokerage
RR2, PO Box 174, Victoria Harbour, ON L0K 2A0
phone 705 543 1341
Click Here To Contact Seller
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